Business, 02.03.2020 21:24 champton79
Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivable, some inventory, total current assets of $79,000, and total current liabilities of $27,650. The company reported annual sales of $200,000 in the most recent annual report.
Over the past year, how often did Walker Telecommunications sell and replace its inventory?
a) 9.28x b) 8.01x c) 8.44x d) 2.86x
Answers: 1
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Walker Telecommunications has a quick ratio of 2.00x, $35,550 in cash, $19,750 in accounts receivabl...
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